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rial leadership of America and Great Britain must disappear, unless they can employ their activities in other forms of industry. Those, therefore, who desire that the English-speaking countries should maintain for many ages that high position which they now occupy, should do all in their power to encourage a proper system of agriculture--the one industry in which the fullest use can be made of natural resources without diminishing the inheritance of future generations--the industry "about which," Mr. James J. Hill emphatically declares, "all others revolve, and by which future America shall stand or fall." The third economic reason will hardly be disputed. Agricultural prosperity is an important factor in financial stability. The fluctuations of commerce depend largely on the good and bad harvests of the world, but, as they do not coincide with them in time, their violence is, on the whole, likely to be less in a nation where agricultural and manufacturing interests balance each other, than in one depending mainly or entirely on either. The small savings of numerous farmers, amounting in the aggregate to very large sums, are a powerful means of steadying the money market; they are not liable to the vicissitudes nor attracted by the temptations which affect the larger investors. They remain a permanent national resource, which, as the experience of France proves, may be confidently drawn upon in time of need. I have often thought that, were it not for the thrift and industry of the French peasantry, financial crises would be as frequent in France as political upheavals. As regards the social aspect of rural neglect, I suggest that the city may be more seriously concerned than is generally imagined for the well-being of the country. One cannot but admire the civic pride with which Americans contemplate their great centres of industry and commerce, where, owing to the many and varied improvements, the townsman of the future is expected to unite the physical health and longevity of the Boeotian with the mental superiority of the Athenian. But we may ask whether this somewhat optimistic forecast does not ignore one important question. Has it been sufficiently considered how far the moral and physical health of the modern city depends upon the constant influx of fresh blood from the country, which has ever been the source from which the town draws its best citizenship? You cannot keep on indefinitely skimming the pan and h
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